The information below relates to the purchase of a new machine. Machine cost $80000 Less 10% trade discount $8000 Cost after discount $72000 Delivery cost $1200 Installation cost $1800 Annual maintenance cost $4000 The business intends to keep the machine for 5 years. It is predicted to be sold for $5000. What will be the annual depreciation charge using the straight-line method?
- A$13400
- B$14000
- C$14800
- D$15600